Economist Tyler Cowen believes that income inequality in America is only increasing. His new book is called <em>Average Is Over: Powering America Beyond the Age of the Great Stagnation.</em>
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Tyler Cowen is a professor of economics at George Mason University. He is also the author of <em><em>The Great Stagnation</em>, An Economist Gets Lunch, Good and Plenty</em> and <em>Create Your Own Economy. </em>He blogs at <a href="http://marginalrevolution.com/">Marginal Revolution</a>.<em></em>
Economist Tyler Cowen has some advice for what to do about America's income inequality: Get used to it. In his latest book, Average Is Over, Cowen lays out his prediction for where the U.S. economy is heading, like it or not:
"I think we'll see a thinning out of the middle class," he tells NPR's Steve Inskeep. "We'll see a lot of individuals rising up to much greater wealth. And we'll also see more individuals clustering in a kind of lower-middle class existence."
Native American tribes gave up millions of acres to the federal government in the 19th century in exchange for promises of funded health care, education and housing. But time and again, those funds have been cut.
The recent across-the-board federal budget cuts, known as sequestration, are no exception. They came with a 5 percent reduction in funding for mental health services, including suicide prevention. That's especially troubling for Native Americans, whose suicide rate are four times the national average.
Celebrity editor Tina Brown announced Wednesday that she's leaving The Daily Beast to launch her own media company. She has been a regular guest on Morning Edition. Brown, 59, plans to produce live forums on news topics.
Brown has edited some of the most prestigious publications: Vanity Fair, The New Yorker and Tattler. Five years ago, she helped found The Daily Beast — a news and opinion website. Now, the editor-in-chief says she's leaving to do what she calls "theatrical journalism" before live audiences.
The U.S. Supreme Court may have decided almost three months ago the case known as Adoptive Couplev. Baby Girl. But the young Native American girl known as "Baby Veronica," who turns 4 years old on Sunday, is still stuck in legal limbo.